Silver Elephant Reports High-Grade Silver Find in Bolivia

Silver Elephant Mining (TSE:ELEF) has released an update.

Silver Elephant Mining Corp. reported significant silver finds at its Paca deposit in Bolivia, with one drill intercepting 17.45 meters grading 120 g/t silver. The company is also progressing with its plans to start tunnel development for sulphide mining and expects a sulphide concentrate sale before year’s end. Additionally, a sales agreement with Andean Precious Metals Corp. could yield up to $7 million, depending on silver prices.

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